CCL Stock Traders Stare At Sixth Red Week: Analysts Predict Weak Outlook On High Fuel Prices Ahead Of Q3 Earnings
Carnival faces mounting cost concerns as fuel prices climb, while retail sentiment stays neutral ahead of its Sept. 29 earnings report. Stifel cut Carnival’s price target to $35 from $37 but kept a ‘Buy’ rating, saying recent weakness already reflects softer Q4 yields. The firm said the stock’s weakness creates a potential buying opportunity ahead … Read more